Tesco PLC (TSCO.L)
LONDON British wholesaler Booker still expects its 3.7 billion pound ($4.8 billion) takeover by Tesco to be completed by early 2018 at the latest, it said after reporting annual results on Thursday, despite regulatory hurdles that analysts said could make the timetable optimistic.
* Reports full-year profit up 15 pct (Adds detail, analyst comment, shares)
LONDON, May 18 Booker, the British wholesaler that has agreed to a 3.7 billion pound ($4.8 billion) takeover by Tesco, on Thursday reported a 15 percent rise in annual profit, reflecting progress across the catering and retail supply sides of the business.
LONDON, May 12 The chief executive of Tesco , Dave Lewis, saw his total pay package fall 10.5 percent last year, even though the supermarket group achieved a 25 percent rise in profit and its first full year of sales growth for seven years.
* FY 2016 net loss of 214.3 million lira ($60.77 million) versus loss of 216.0 million lira year ago
April 28 Tesco Lotus Retail Growth Freehold And Leasehold Property Fund
Wal-Mart Stores Inc , the world's no.1 retailer, said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company.
April 24 Wal-Mart Stores Inc, the world's no.1 retailer, said its recently launched startup investment arm, Store No 8, has hired Jenny Fleiss as the chief executive of its first portfolio company.
* Acquisition incorporates Tesco Optician's network of 209 stores across UK and Republic of Ireland, bringing total number of vision express outlets to 598
AMSTERDAM, April 19 Dutch eyeglass store operator Grandvision said on Wednesday it will acquire Tesco's chain of more than 200 opticians.